Posted by super99 on February 02, 2010 at 16:33:44 from (74.32.242.182):
Getting everything ready to go to the tax man. My wife works for a small private home health care agency. Last year she made almost $11,000, and the federal tax with held was $12.45. They take out Medicare and SS and those amounts seem right. They also took out state taxes. My question is, how can they only take out $12 for the year. She has asked for a new form to fill out for Fed with holding but hasn"t heard a word from them yet. I"m not sure how large a business has to be to with hold taxes, but it seems to me they either are going to take taxes out or not, so why just the small amount? If they aren"t going to take any taxes out, it would be nice to know so she could set some $$ aside to pay them. Any thoughts? Chris
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Today's Featured Article - Recollections of a John Deere GP - by Charlie Cook. I grew up on my dad's 280 acre general farm in Western Michigan. Dad's only tractor when I was very young was the old GP. My first recollection of this tractor was when dad allowed my brother and myself to ride on the tractor with him driving. One of us would sit on the left fender (away from the clutch) and other would sit on the gas tank and hold onto the crankcase breather pipe.
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